Itemized/Standard Deduction

Job hunting expenses

Expenses that result from looking for a new job in a taxpayers's present line of work are tax deductible even if a new job is not found. However, expenses of looking for a new job in a new trade or business, even if a job is found, are not deductible. Also, expenses incurred for a recent college graduate looking for his/hers first job are not deductible.

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